OPEN-SOURCE SCRIPT
Updated Bollinger Bands Strategy with StopLoss
This is the default Bollinger Bands Strategy with a small change to support Stop Loss.
The default built-int BBS does not support Stop Loss and using it may cause large losses, specially in margin trading.
Added inputs:
The default built-int BBS does not support Stop Loss and using it may cause large losses, specially in margin trading.
Added inputs:
- Source
- Stop Loss Percentage
Release Notes
Fixed a bug: stop loss prices were not being updated after reopening new positionRelease Notes
Fixed a bug in calculating last order priceOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.